Martin Placek
Research expert covering transportation and electronics
CNH Industrial - statistics & facts
Case New Holland (CNH) Industrial is a manufacturer of heavy machinery, such as agricultural equipment, construction machinery, and industrial machinery. Financially controlled by the leading Italian investment company Exor, CNH Industrial is registered in the Netherlands but holds corporate offices in England. The Iveco Group Business—an Italian manufacturer of commercial vehicles—was part of CNH Industrial until its demerger in January 2023. Iveco's brand value reached over 1.4 billion euros in 2022.
Financial performance of CNH Industrial
CNH Industrial reported a revenue of nearly 33.4 billion U.S. dollars in 2021, the highest revenue since 2013. While the company's revenue in 2023 reached only 24.7 billion U.S. dollars, this figure is not comparable with previous years' values due to the spin-off of the Iveco Group in 2022. As of May 2024, CNH Industrial was the seventh-largest machinery manufacturer worldwide.Business divisions of CNH Industrial
The largest section of CNH Industrial's revenue came from their agricultural equipment sector, with their brands New Holland Agriculture, Case IH, and Steyr combining for over 18 billion U.S. dollars in revenue in 2023. That same year, CNH Industrial's construction division, which is comprised of Case Construction Equipment and New Holland Construction, had a revenue of more than 3.9 billion U.S. dollars. Due to the spin-off of the Iveco Group, CNH Industrial stopped operating the powertrains and commercial vehicles divisions.
